the whole concept of back dating and using conversations is really a blatant form of fraud. 

First of all, thank you for clicking on this thread, there are a million of them out there and I promise not to waste your time.So here is the scenario:Multi-Family property (4 units) - Listed @ $205,000, on market 65 days.Estimated Acquisition: $195,000Realistic rent: $3000/mo ($750/unit)Property Taxes/yr: $5200Insurance/yr: $2400Planned Maintenance/yr: $1200Estimate Vacancy: 5%Down Payment: 25%Management Fee: 8%I have just recently gotten into the concept of REI and I've read all of the forums, blogs, etc. of investors having a hard time trying to find a good deal in the Houston area market, and I found this property quickly, in a public method of discovery with very little effort in about 45 minutes of searching. 

Many concepts and topics carry over to other industries including real estate. 

This is the suggestion Ryan Edwards and Russel S also make.In my place (3 family home), I also provide internet. 

Also, I have read a little bit about the concept of a "Delayed Finance Program".

The concept you laid out in your spreadsheets is very interesting, and I love the creativity involved.

@Edward Rueca the bulk of my business as an agent is working with investors.

I use Capital Concepts Inc for most of my deals.

Higher end finishes, open concept, 4 beds 3 baths colonial style.Any help here would be appreciated.ThanksStephen

I was going to try and brrrr the house not flip it but the same concepts apply for the most part.